XAU/USD - Gold Is Still a Safe Haven in a Political uncertainty
From my previous analysis in Tradingview, The BUY signal activated at 1255. The next potential target 1288 and 1309.
PS: If Trump end the Government Shutdown, I will sell XAUUSD for $20-$40 drop.
PS: If Trump end the Government Shutdown, I will sell XAUUSD for $20-$40 drop.
Based on the daily chart, it broke the upper line of the regression channel (1260 zone), but technically there's 1 more resistance at 1270 that needs to break. If it is able to breach that "last" resistance, I reckon XAU/USD potential to visit 1288 and 1305 zone.
When Trump ends the Government Shutdown, I'm expecting XAUUSD will fall $20 to $30.